XML 21 R9.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Basis of preparation | 12 Months Ended
--- | ---
Dec. 31, 2017
Text block1 [abstract] |
Basis of preparation |
2. | Basis of preparation
Statement of compliance The Company’s consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). As used in these notes to consolidated financial statements, the terms “the Company”, “we”, “us”, “our”, and similar terms refer to Copa Holdings, S. A. and, unless the context indicates otherwise, its consolidated subsidiaries. The consolidated financial statements provide comparative information in respect of the previous period. In addition, the Company presents an additional statement of financial position at 1 January 2016 in these consolidated financial statements due to the correction of an error. Basis of measurement The consolidated financial statements have been prepared on a historical cost basis, except for the following:
| • |  | available-for-sale financial assets, derivative instruments, certain classes of property, plant and equipment and investment property – measured at fair value
| • |  | assets held for sale – measured at fair value less cost of disposal, and
| • |  | defined benefit pension plans – plan assets measured at fair value.
Functional and presentation currency These consolidated financial statements are presented in United States dollars (U.S. dollars “$”), which is the Company’s functional currency and the legal tender of the Republic of Panama. The Republic of Panama does not issue its own paper currency; instead, the U.S. dollar is used as legal currency. All values are rounded to the nearest thousand in U.S. dollars ($000), except when otherwise indicated.

X
- Definition Text block1 [abstract] + References No definition available. + Details
Name: | cpa_TextBlock1Abstract
Namespace Prefix: | cpa_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the basis used for the preparation of the financial statements. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_10_e&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration